Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» No worries about BFN Deal .i
by ruwan326 Today at 10:15 am

» Daily Foreign Transactions
by ruwan326 Today at 10:11 am

» BFN ගනු දෙනුව වෙනවා ..
by Equity Suda Today at 10:06 am

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by kalu351 Today at 9:22 am

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by ranferdi Today at 9:06 am

» #PM Crisis#
by ranferdi Today at 9:05 am

» Stocks don’t go up and stay up because of stories, tips, or people’s opinions
by ruwan326 Today at 9:00 am

» FINANCIAL INSTITUTIONS IMPAIRMENT COST
by Yahapalanaya Sat Dec 08, 2018 11:10 pm

» MONTH PEACE & HAPPINESS
by Ryan Hudson Sat Dec 08, 2018 6:40 pm

» JINS NO DEAL YET - BFN IS ON AND POSITIVE -CHECK THE COMPNAY ANNOUNCEMENT CAREFULLY - NO NOTHING ABOUT BFN
by kalu351 Fri Dec 07, 2018 10:03 pm

» Will ALHP be eliminated from the CSE?
by wisdom79 Fri Dec 07, 2018 8:41 pm

» Is TKYO.N0000 a Sleeping Giant
by aklt Fri Dec 07, 2018 7:52 pm

» FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS
by Equity Suda Fri Dec 07, 2018 12:57 pm

» Market will RISE expecting a MR Led new government
by samaritan Fri Dec 07, 2018 8:43 am

» ##FUN TOONS###
by ruwan326 Fri Dec 07, 2018 8:21 am

» CROSSINGS TODAY
by ruwan326 Fri Dec 07, 2018 8:04 am

» FOREIGN NEWS
by ruwan326 Fri Dec 07, 2018 8:03 am

» PLAYERS PICK OF THE DAY
by ruwan326 Fri Dec 07, 2018 7:39 am

» JINS – LIFE FOR SALE – ALONG WITH BFN - BUY BUY BUY
by kalu351 Thu Dec 06, 2018 2:49 pm

» JINS – DON’T BUY BEYOND 30 – DEAL IS AT 30 BFN - BUY BELOW 22 – DEAL IS AT 25
by kalu351 Thu Dec 06, 2018 2:47 pm

» EQUVITY BROKERS AND BARTLEETS COLLECTING BFN -DONT SELL
by kalu351 Thu Dec 06, 2018 2:45 pm

» BFN DONT SELL EVEN AYT 17 COLLECT NOW - PRICE IS 25
by ruwan326 Thu Dec 06, 2018 8:13 am

» JINS – LIFE FOR SALE – ALONG WITH BFN
by ruwan326 Thu Dec 06, 2018 7:54 am

» how about mgt
by sanjulanka Thu Dec 06, 2018 6:52 am

» PRICES BFN – NOW 15.30 / JINS 26.60 /LOFC 3.6 / UBC 11 BUY BUY BUY
by sanjulanka Wed Dec 05, 2018 11:54 pm

» JINS JINS JINS - UP UP UP NOW 23.50 - NEXT IS BFN BFN
by sanjulanka Wed Dec 05, 2018 11:52 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by thankrishan Wed Dec 05, 2018 10:46 am

» Financial Reports Q-3 2018
by ruwan326 Wed Dec 05, 2018 9:14 am

» CSE THIS WEEK
by samaritan Wed Dec 05, 2018 9:12 am

» Business Sentiment – Index Shores Up Despite Turmoil
by ruwan326 Wed Dec 05, 2018 7:57 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Sri Lanka confident of managing public debt: CB Governor-Aug 29 2018

Sri Lanka confident of managing public debt: CB Governor-Aug 29 2018

Go down  Message [Page 1 of 1]

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka confident of managing public debt: CB Governor-Aug 29 2018

 Sri Lanka is now confident of managing debt repayments if targets for narrowing budget deficits are kept on track, with a new debt management law also helping, Central Bank Governor Indrajit Coomaraswamy said.

"We are confident that provided country is maintaining fiscal consolidation we will be able to manage our rather onerous debt burden," Governor Coomaraswamy said.
He said the passing of a new active liability management law, has given the Treasury considerable 'headroom' to managed debt.

China has given Sri Lanka billion dollar loan for eight years at below market rates to help meet immediate debt obligations with many Chinese loans also falling due as grace periods ended.
https://economynext.com/Sri_Lanka_co...3-11698-1.html

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ruwan326 wrote:Sri Lanka confident of managing public debt: CB Governor-Aug 29 2018

 Sri Lanka is now confident of managing debt repayments if targets for narrowing budget deficits are kept on track, with a new debt management law also helping, Central Bank Governor Indrajit Coomaraswamy said.

"We are confident that provided country is maintaining fiscal consolidation we will be able to manage our rather onerous debt burden," Governor Coomaraswamy said.
He said the passing of a new active liability management law, has given the Treasury considerable 'headroom' to managed debt.

China has given Sri Lanka billion dollar loan for eight years at below market rates to help meet immediate debt obligations with many Chinese loans also falling due as grace periods ended.
https://economynext.com/Sri_Lanka_co...3-11698-1.html
How do you narrow budget deficits when there is no effective tax collection mechanism. For example there are people who are buying vehicles worth 8 to 10 million rupees but do not have tax files. The number of tax files at the IRD are very insignificant in comparison  to the population. Compliance is very low.

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Agree with Samaritan. The whole system is so corrupted

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@samaritan wrote:
@ruwan326 wrote:Sri Lanka confident of managing public debt: CB Governor-Aug 29 2018

 Sri Lanka is now confident of managing debt repayments if targets for narrowing budget deficits are kept on track, with a new debt management law also helping, Central Bank Governor Indrajit Coomaraswamy said.

"We are confident that provided country is maintaining fiscal consolidation we will be able to manage our rather onerous debt burden," Governor Coomaraswamy said.
He said the passing of a new active liability management law, has given the Treasury considerable 'headroom' to managed debt.

China has given Sri Lanka billion dollar loan for eight years at below market rates to help meet immediate debt obligations with many Chinese loans also falling due as grace periods ended.
https://economynext.com/Sri_Lanka_co...3-11698-1.html
How do you narrow budget deficits when there is no effective tax collection mechanism. For example there are people who are buying vehicles worth 8 to 10 million rupees but do not have tax files. The number of tax files at the IRD are very insignificant in comparison  to the population. Compliance is very low.
You need to ask Central Bank Governor Indrajit Coomaraswamy Very Happy Very Happy

5 Bring the best out of you on Wed Aug 29, 2018 9:41 pm

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@skyfall wrote:Agree with Samaritan. The whole system is so corrupted
Well, there was a time I thought I can change the world Wink

But when you reach mid 30s you will realize many things in this world if you are lucky.

Every system works on 0-9 digits to make you a obedient slave using watch/calendar and money Very Happy


So leave all the systems and politics and focus on your self and your loved once cause you can not change any system including yours Wink World is run by universal laws and systems which no man can change.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum